Friday, October 1, 2010

Trading radar Oct 1

Good morning!

I hope everyone had a great September - definitely a nice run. Yesterday, the markets had a 'failed breakout' and reversed hard after a strong open. Not sure if much emphasis can be placed on the action since it was end of month and end of quarter. Nevertheless, I am adding to my short watchlist and turning a it more bearish. Not bearish - the sky is falling bearish, more of a reasonable pullback before the highs are retested.

In any case, up or down, always ready to change my disposition on a dime based on the price action.

The following stocks are on my radar today:

GYMB
CCME
APWR
COGT
GMCR
WCRX


Also looking for pullbacks in CL, EUR and GBP.

Make it a great trading day and month!

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